\begin{table}[!t] \centering \sisetup{table-format=1.2} \def\sym X 1{\ifmmode^{ X 1}\else\(^{ X 1}\)\fi}
\small \caption{Household Total Spending (PSMJ)  Response to Rebate }
\begin{tabularx}{\hsize}{@{\hskip\tabcolsep\extracolsep\fill}l*{5}{S}}
\toprule     \multicolumn{5}{l}{\textbf{Panel A: Full Sample}} \\ \midrule
 &   \multicolumn{2}{c}{ Homogeneous Treatment} &  \multicolumn{3}{c}{Heterogeneous Treatment} \\ 
 \cmidrule(l{.75em}){2-3} \cmidrule(l{.75em}){4-6}
                    &\multicolumn{1}{L}{(1)}        &\multicolumn{1}{L}{(2)}        &\multicolumn{1}{L}{(3)}        &\multicolumn{1}{L}{(4)}        &\multicolumn{1}{L}{(5)}        \\
\hline
\\
Rebate Indicator    &      483.19$^{**}$ &      417.87$^{**}$ &      325.96        &      251.71        &      142.94        \\
                    &    (209.87)        &    (202.02)        &    (203.45)        &    (178.69)        &    (176.91)        \\
Lag 1 Rebate Indicator&                    &     -377.83$^{*}$  &     -460.14$^{**}$ &     -307.98$^{*}$  &     -313.88$^{*}$  \\
                    &                    &    (214.64)        &    (220.78)        &    (175.37)        &    (180.96)        \\
Lag Total Spending (PSMJ)&                    &                    &                    &       -0.50$^{***}$&       -0.50$^{***}$\\
                    &                    &                    &                    &      (0.04)        &      (0.04)        \\
Lag Motor Vehicle (PSMJ)&                    &                    &                    &       -0.50$^{***}$&       -0.51$^{***}$\\
                    &                    &                    &                    &      (0.05)        &      (0.05)        \\
Lag Non-durable (PSMJ)&                    &                    &                    &        0.36$^{***}$&        0.37$^{***}$\\
                    &                    &                    &                    &      (0.06)        &      (0.06)        \\
\hline
Implied 3-month MPC &\multicolumn{1}{c}{0.52}        &\multicolumn{1}{c}{0.45}        &\multicolumn{1}{c}{0.35}        &\multicolumn{1}{c}{0.27}        &\multicolumn{1}{c}{0.15}        \\
Income Decile FE    &\multicolumn{1}{c}{No}        &\multicolumn{1}{c}{No}        &\multicolumn{1}{c}{No}        &\multicolumn{1}{c}{Yes}        &\multicolumn{1}{c}{Yes}        \\
Exclude 2+ Rebate   &\multicolumn{1}{c}{No}        &\multicolumn{1}{c}{No}        &\multicolumn{1}{c}{No}        &\multicolumn{1}{c}{No}        &\multicolumn{1}{c}{Yes}        \\
Observations        &\multicolumn{1}{c}{17,229}        &\multicolumn{1}{c}{17,229}        &\multicolumn{1}{c}{17,229}        &\multicolumn{1}{c}{17,229}        &\multicolumn{1}{c}{16,962}        \\
\hline \end{tabularx} 
